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thanking tim geithner there. lori: we also have rich edson i believe on site who will check in a little bit later throughout the afternoon. we can't to keep you aprized of other day's headlines. a rise in jobless claims. that of course raising new questions about when the job market will show real strong improvement. ftn financial economist lindsay piegza breaks it down with tracy byrnes and ashley webster next here on fox business. don't miss it ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ashley: good afternoon, everyone, i'm ashley webster. tracy: and i'm tracy byrnes. we have some breaking news. president obama task jack lew to be the new chief of treasury just in time for a critical battle over the national debt. he has one vocal critic in the senate
thanking tim geithner there. lori: we also have rich edson i believe on site who will check in a little bit later throughout the afternoon. we can't to keep you aprized of other day's headlines. a rise in jobless claims. that of course raising new questions about when the job market will show real strong improvement. ftn financial economist lindsay piegza breaks it down with tracy byrnes and ashley webster next here on fox business. don't miss it ♪ [ male announcer ] how do you make 70,000...
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Jan 10, 2013
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all signs point to president obama nominating him to replace tim geithner. and if he is nominated and confirmed, that will mean that our money might end up looking like this. because that is jack lew's signature on it. if he doesn't choose to tune up the legibility of the loop de loops like tim geithner did, our money might look like this. what "new york" magazine described as a slinky that has lost its spring, republicans in washington are hinting that we won't actually have to worry about seeing jack lew's wacky signature on our money. they're saying he doesn't have to worry about changing the signature so it looks good on the money because he, jack lew, will never be the guy who has to actually sign the money. he will never be treasury secretary. politico.com today to be, quote, scoffing at the notion of jack lew as treasury secretary. mitch mcconnell is said to have been irked by mr. lew in the past. republican senator from nebraska, mike johanns called lew a controversial pick. the reason he is controversial is, quote, i think there are nick policies in
all signs point to president obama nominating him to replace tim geithner. and if he is nominated and confirmed, that will mean that our money might end up looking like this. because that is jack lew's signature on it. if he doesn't choose to tune up the legibility of the loop de loops like tim geithner did, our money might look like this. what "new york" magazine described as a slinky that has lost its spring, republicans in washington are hinting that we won't actually have to worry...
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Jan 10, 2013
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hilda soleis announced she will be leaving, and jack lew will be nominated to replace tim geithner. >>> a developing story north of the border, residents in canada are pleading or outside help to rescue a group of whales trapped in sea ice. right now, the mammals are gathered around a single hole in the ice. the villagers are can go the canadian government to send an ice breaker quickly top a team from the canada fishery department is expected to arrive today. >>> now, for a look at the weather. it is kind of depressing, hopefully, they fare okay. dylan dreyer is here with the weather. >> thank you, good to be back. weatherwise, the east coast enjoying a really nice january thaw. in fact by the time we get to the weekend, temperatures wl be well above average perhaps as much as 20 degrees. right now, we're talking about a lot of rain and it's falling around louisiana especially. yesterday, we picked up two to three inches of rainfall across parts of eastern texas. now, that heavy rain is going to sit over louisiana, through arkansas and eventually push into kentucky and tennessee and
hilda soleis announced she will be leaving, and jack lew will be nominated to replace tim geithner. >>> a developing story north of the border, residents in canada are pleading or outside help to rescue a group of whales trapped in sea ice. right now, the mammals are gathered around a single hole in the ice. the villagers are can go the canadian government to send an ice breaker quickly top a team from the canada fishery department is expected to arrive today. >>> now, for a...
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Jan 10, 2013
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another cabinet chief, richard lou will be nominated to replace tim geithner. >>> a group of a dozen whales are trapped by a vast stretch of sea ice and residents there are pleading for some help. the mammals are gathered around a single hole in the ice in an desperate attempt to take in air through their blowholes. the canadian filters are asking the government to send an ice breaker quickly to guide the whales to open water. the team from canada's fishery department is expected to arrive today to resemble a scene right out of a hollywood movie, "big miracle." and here's dylan dryer looking at the weather. >>> we have good snow, especially in sat lake city where we could see up to ten inches of snow between tonight and tomorrow, but the west coast itself, the rain is trying to move onshore from seattle right down into california. even as we go into tomorrow we'll see rain showers in southwestern california. the big story nationwide is the heavy rain through louisiana right now. that has also been producing some tornado warnings so far this morning. you can see the showers are fairly
another cabinet chief, richard lou will be nominated to replace tim geithner. >>> a group of a dozen whales are trapped by a vast stretch of sea ice and residents there are pleading for some help. the mammals are gathered around a single hole in the ice in an desperate attempt to take in air through their blowholes. the canadian filters are asking the government to send an ice breaker quickly to guide the whales to open water. the team from canada's fishery department is expected to...
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Jan 11, 2013
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but to depict the treasury secretary, generally speaking, it is a job that converts tim geithner will know what his politics were. wall street was comfortable with him. neil: layoffs were announced today with american express. >> well, look, it's the greatest thing the world that taxes will go up on 99% of the people. and spending will go unchecked. it's that our government. it's bad for our country long-term. that is exactly what we see, and you are seeing something similar act in 1824 when we had the jacksonians that they block whatever they were going to do. neil: there is something that touched her greatness. a greatness of the movie. hollywood sees this opportunity to do more of this type of stuff. is that true? >> more of what? >> one historical movies. neil: ben affleck was nominated for a movie he was an. >> in. >> yes, i think he has a career in movies. but not in politics. i think he is going to do well and do his next project. also don't forget that the director was snubbed for "zero dark thirty." neil: is that right? so hollywood could be reversing that. >> maybe they are
but to depict the treasury secretary, generally speaking, it is a job that converts tim geithner will know what his politics were. wall street was comfortable with him. neil: layoffs were announced today with american express. >> well, look, it's the greatest thing the world that taxes will go up on 99% of the people. and spending will go unchecked. it's that our government. it's bad for our country long-term. that is exactly what we see, and you are seeing something similar act in 1824...
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unlike tim geithner who never worked on capitol hill he has a sense how to get deals done in congress. secondly he comes from the liberal wing of the democratic party. i talked to him when i worked on my book about the budget, red ink, last year. he believes in the power of government. he is not going to be very sympatico with people like paul ryan who believe the whole role of the budget exercise is to shrink the government. three, he is realist, pragmatist. he understands if we don't do something to slow the growth of enlightment spending there won't be room to do all the things investment in infrastructure, all those things that matter a lot to the president and to jack lew himself. i suspect that he will be, spend nearly all his time on budget matters and he has a chance of being a deal-maker here, even though so far he hasn't been very successful in that. melissa: what does it mean in terms of the job the treasury secretary does? that if you are known to embrace, more liberal economic policies what would you expect practically to see him do? >> well, it's not the first time we ha
unlike tim geithner who never worked on capitol hill he has a sense how to get deals done in congress. secondly he comes from the liberal wing of the democratic party. i talked to him when i worked on my book about the budget, red ink, last year. he believes in the power of government. he is not going to be very sympatico with people like paul ryan who believe the whole role of the budget exercise is to shrink the government. three, he is realist, pragmatist. he understands if we don't do...
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Jan 4, 2013
01/13
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bloomberg is supporting the treasury secretary tim geithner will step down the end of this month regardless of whether or not there's an agreement to raise the debt ceiling. white house chief of staff jack lew is considered the front runner to take over geithner's job. >>> there was plenty of sun today, but we'd like to replace some of that cold with warmth. any chance of that happening, top? >> not really, but at least it's not record setting cold. we're finally kind of where we should be this time of year. we're looking at temperatures on the average side. temps right now are falling like a stone, 33 downtown, 27 in frederick and manassas and 29 in andrews. that's before the wind chill. we'll come back and talk about the wind chill, but for tonight clear, breezy and cold, a two to three blanket night, low temperatures in the 20s. we'll come back, talk about how cold it's going to be tomorrow with the wind and look ahead to playoff sunday. >>> in the 9 news update justin wolfe did not walk out of prison today even though his family was there and they were all hoping for him to get out. wol
bloomberg is supporting the treasury secretary tim geithner will step down the end of this month regardless of whether or not there's an agreement to raise the debt ceiling. white house chief of staff jack lew is considered the front runner to take over geithner's job. >>> there was plenty of sun today, but we'd like to replace some of that cold with warmth. any chance of that happening, top? >> not really, but at least it's not record setting cold. we're finally kind of where we...
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geithner. lew is described as the consummate washington insider and behind the scenes dealmaker. he also has ties to wall street. he was an executive at citigroup, served as budget director under bill clinton and then again more recently under president obama. he was a key player during the 2011 debt ceiling talks that almost shut down the government. going to have his work cut out for him. democrats and republicans on capitol hill gear up for that battle over extending the debt ceiling with the global embarrassment that serves as economic policy debate in washington these days. i have a hunch tim gheit neeith won't miss taking part in another one of those showdowns. >>> aig made the right decision, the decision not to join a crabby shareholder lawsuit against the u.s. government. probably heard by now about the lawsuit, led by former aig ceo maurice hank greenberg. it claims the terms of the $182 billion government bailout which saved the company possibly planet earth as well from financial me
geithner. lew is described as the consummate washington insider and behind the scenes dealmaker. he also has ties to wall street. he was an executive at citigroup, served as budget director under bill clinton and then again more recently under president obama. he was a key player during the 2011 debt ceiling talks that almost shut down the government. going to have his work cut out for him. democrats and republicans on capitol hill gear up for that battle over extending the debt ceiling with...
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that's the current secretary tim geithner's john hancock. here is lu's signature. see that? from a recent white house memo. it's a bunch of scwilgs skillings. geithner had to change his signature from the one you can see here so that people could read his name on the currency. after all, if you get to sign all the money, the least you can do is read your name. by now we have all heard that soda is not good for you. it turns out it might also be making us sad. sad soda. new research that suggests soda drinkers are more likely to be depressed. not really depressing. seems more stupid to me but you'll decide. (dog) larry,larry,larrryyy. why take exercise so seriously,when it can be fun? push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... incles grains and real chicken, because a healthy dog is a playful dog. beneful healthy weight. find us on facebook to help put more play in your day. using cloud computing and mobile technology, verizon innovators have develope
that's the current secretary tim geithner's john hancock. here is lu's signature. see that? from a recent white house memo. it's a bunch of scwilgs skillings. geithner had to change his signature from the one you can see here so that people could read his name on the currency. after all, if you get to sign all the money, the least you can do is read your name. by now we have all heard that soda is not good for you. it turns out it might also be making us sad. sad soda. new research that...
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Jan 10, 2013
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so the president today joked that lew would work to make at least one of his letters -- tim geithner revised his own signature after he took off. >>> tonight is the premiere the nbc's new show "1600 penn." this sitcom follows president dave gilchrest through press conferences, cabinet meetings, state dinners, as he -- yesterday we sent our own gilchrist to catch up with president gilchrist. >> you actually are a gilchrist. my gosh. did you ever think that that name was a presidential name? >> reporter: you know it crossed my minute once or twice, but there's a story line to wake up watching morning news and thinks he's got a long-lost brother, that might be it. >> i think so that would be a great story line. >> i see this story goods on for many, many years to come. >>> you can watch the full interview on nbcwashington.com, just search pullman 1600 penn. it premiere tonight followed by a second episode at the regular time, 9:30, i think our gilchrist cleaned up to be president. he was in the tie looking very presidential. >>> i'm a fan. >>> coming up next at 4:30, the ugly crime two
so the president today joked that lew would work to make at least one of his letters -- tim geithner revised his own signature after he took off. >>> tonight is the premiere the nbc's new show "1600 penn." this sitcom follows president dave gilchrest through press conferences, cabinet meetings, state dinners, as he -- yesterday we sent our own gilchrist to catch up with president gilchrist. >> you actually are a gilchrist. my gosh. did you ever think that that name was...
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tim geithner had a messy signature in his past, but on the bill it's completely legible. looks like alexander hamilton. >>> next, aig has thought better about suing the federal government over the terms of the 2008 bank bailout. yes, the same taxpayer funded bailout that brought them $200 billion and saved them from bankruptcy. anyway, before the news of the potential lawsuit, aig launched an ad campaign thanking taxpayers for the bailout money. in light of the planned lawsuit, conan o'brien offered an alternative. >> aig, we said we were going to turn it around, and we did. >> we're now leaner and focused on what we do best. >> a profit of more than $22 billion. >> we turned it around. >> [ bleep ] you, america. >> [ bleep ] you, america. >> [ bleep ] you, america. >> from all of us at aig, seriously america, go [ bleep ] yourselves. >> it's tough to see how they even toyed with the idea of a lawsuit against the same government that saved them from bankruptcy. >>> next, if you're in congress and planning to oppose the next round of victims of hurricane sandy, you best no
tim geithner had a messy signature in his past, but on the bill it's completely legible. looks like alexander hamilton. >>> next, aig has thought better about suing the federal government over the terms of the 2008 bank bailout. yes, the same taxpayer funded bailout that brought them $200 billion and saved them from bankruptcy. anyway, before the news of the potential lawsuit, aig launched an ad campaign thanking taxpayers for the bailout money. in light of the planned lawsuit, conan...
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there are other people in high stress jobs, tim geithner at treasury, hillary clinton at state who stayed on the whole time. is this a reflection on this president or just how grueling and critical this job has become? >> i think it's a reflection of how grueling and critical the job has become and how tough it is on people. i talked to someone leaving the white house yesterday. i said what are you going to do? i'm going to get a job where i don't have to get up at 5:00 a.m. every day. it never stops, 24/7 and not surprising that people after two years or a year decide they want to do something else. it's very hard on people, particularly people with young kids and families. >> the top contenders for chief of staff are two more white men, den is mcdonough and ronald klain. let me get your reaction to this. >> barack obama is black. >> some of the president's top advisers are women, valerie jarrett, half of the white house staff is women. that's been a diverse cabinet and white house staff. what we're experiencing now is a communications problem more than an actual diversity problem. >> ri
there are other people in high stress jobs, tim geithner at treasury, hillary clinton at state who stayed on the whole time. is this a reflection on this president or just how grueling and critical this job has become? >> i think it's a reflection of how grueling and critical the job has become and how tough it is on people. i talked to someone leaving the white house yesterday. i said what are you going to do? i'm going to get a job where i don't have to get up at 5:00 a.m. every day. it...
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be right back. >> may replace tim -- tim geithner's treasury secretary, is it time for a ceo to join the tablet? the platinum closed. what president obama may stick to the republicans by minting a platinum:. looking for extra cash? how about selling your old cellphone? big ideas with the man who has automated that process. 30 past the hour and stocks now as we always do every 15 minutes. looking at gm. nicole: big news since we got gm and ford this week. these stocks have done so well, we hit new 52 week highs the general motors pulling back 1/4% on a recall. let's break it down all little bit recalling more than 69,000 trucks and vans globally and the problem is a steering column defect. you park your truck and it could potentially role way. we're talking about some names, if you have a general motors truck you should delve into this more but at first glance it is looking like a 2013 cadillac escalade and chevy avalanche, not clear what your those are but you should look into this because it could potentially be a problem. recalling 70,000 vehicles. looking abroad market the dow jon
be right back. >> may replace tim -- tim geithner's treasury secretary, is it time for a ceo to join the tablet? the platinum closed. what president obama may stick to the republicans by minting a platinum:. looking for extra cash? how about selling your old cellphone? big ideas with the man who has automated that process. 30 past the hour and stocks now as we always do every 15 minutes. looking at gm. nicole: big news since we got gm and ford this week. these stocks have done so well, we...
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Jan 8, 2013
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geithner. the odds on favorite jack liew. he would expect to be confirmed, but some in the business community, they're concerned, because he has little market or business experience. >>> and an eerie twist here in the search for that missing plane carrying fashion icon vittorio missoni. his wife and five others, a plane vanished friday off the coast of venezuela. but according to these new reports, the son of one of the men on board got a text message sunday night that said and i'm quoting this text, call now, we are reachable. the italian telephone company confirmed the message was sent but couldn't verify when it was written. crews continue the search off the country's coast. >>> in seaside heights, new jersey, look at this. look at this closely with me. this is that roller coaster and you see this man, he climbed to the tip-top of it, to call attention to the recovery from superstorm sandy or the lack thereof. there he is, scaling the same coaster chris christie said he vacationed at, took h
geithner. the odds on favorite jack liew. he would expect to be confirmed, but some in the business community, they're concerned, because he has little market or business experience. >>> and an eerie twist here in the search for that missing plane carrying fashion icon vittorio missoni. his wife and five others, a plane vanished friday off the coast of venezuela. but according to these new reports, the son of one of the men on board got a text message sunday night that said and i'm...
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Jan 9, 2013
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i'm told that tim geithner cleaned up the signature becoming treasury secretary. i have to say in all the issues of the country faces, what the signature of the next frsh ri secretary looks like is not one that keeps me awake at night. >> no, no. although easy to understand and why it's so viral this morning. >> it is amusing. >> thanks a lot. >> thank you, carl. >>> they invested in tumblr in 2007, twitter in '08 and twitter's new photo filter, spark capital invested in that company more than three years ago so how does spark know which start-ups are the winner? we'll talk to the founder and managing partner live after the break. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> as initial investors of hot start-ups seeks that spark capital has a knack for predicting the next big thing but after a rocky fac
i'm told that tim geithner cleaned up the signature becoming treasury secretary. i have to say in all the issues of the country faces, what the signature of the next frsh ri secretary looks like is not one that keeps me awake at night. >> no, no. although easy to understand and why it's so viral this morning. >> it is amusing. >> thanks a lot. >> thank you, carl. >>> they invested in tumblr in 2007, twitter in '08 and twitter's new photo filter, spark capital...
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the crowded ferry carries nearly 400 passengers from new jersey every day. it slammed into the pier docking during the morning commute and ripped open part of the ship's hull. police say the crew passed breath tests after the crash. >> a judge today approved a $1 million settlement for demonstrators pepper sprayed november, 2011 incident prompted national outrage. under the settlement, the university agreed to give each of the 21 plaintiffs $30,000. the rest of the money going to 15 others involved and attorney fees. >> cruise are busy putting down sandbags in a community that saw destructive flooding last month. the work being done to prevent more flooding in a creek dividing palo alto from east palo alto. amy holee field has the story. >> they'll do this 4,000 times, packing in sandbags today in east palo alto. the hope to prevent what happened two two weeks ago, on christmas eve whrkts creek overflowed. >> i came out sirkd water was already rising above the sidewalk. >> deborah got a knock on the door from police telling her to evacuate. she went to a fri
the crowded ferry carries nearly 400 passengers from new jersey every day. it slammed into the pier docking during the morning commute and ripped open part of the ship's hull. police say the crew passed breath tests after the crash. >> a judge today approved a $1 million settlement for demonstrators pepper sprayed november, 2011 incident prompted national outrage. under the settlement, the university agreed to give each of the 21 plaintiffs $30,000. the rest of the money going to 15...
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and ironically, i think if as tim geithner did, the secretary of the treasury, float this idea of abolishing the law that requires a congressional vote, that sort of the ultimate threat that the president has. whether he can get that through or not. but that's the ultimate nightmare for the tea party. >> quickly both of you gentlemen, i want your take on the filibuster reform that is pending. there is a lot of commentary being given in the senate about what should be done. would this make it a toxic atmosphere, eugene, if harry reid goes for the full ball of wax and really smokes them out the way they have been filibustering and changes the rule? what does that do to debt ceiling negotiations, if anything? >> well, i think it probably exacerbates the tensions and the bad feelings in the senate, and where the feelings are not that bad right now. i don't know that he will try to push forward on that. >> what about that, howard? >> i think he might try it. i think he is being pushed to try it by liberal constituencies who might see that as a payback for a time in which they're having to concede
and ironically, i think if as tim geithner did, the secretary of the treasury, float this idea of abolishing the law that requires a congressional vote, that sort of the ultimate threat that the president has. whether he can get that through or not. but that's the ultimate nightmare for the tea party. >> quickly both of you gentlemen, i want your take on the filibuster reform that is pending. there is a lot of commentary being given in the senate about what should be done. would this make...
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geithner. i want to get into the gun control. the results of the rasmussen poll, 51% of americans now support stricter gun laws. when asked would posting an armed guard in every school makes schools more safe, 48% said yes and 53% said they would feel safer with an armed guard at school versus no adults with guns. castigatederre was cassty for suggesting that. >> the american people are quite smart in that poll. wayne la pierre was saying armed guards instead of controls on guns. the american people are more supportive of gun control. you know, if you go back and you look at studies and you impact of gun control. there aren't a lot that show that it works in it terms of celling violence. there is one case where it did work and that is australia where are there was a mass shooting in the '90s. 35 tourists were killed and they put in an assault weapons ban that was much stricter than it was here and did a buyback program. politically i agree it would be tough sledding here but at least get a lot
geithner. i want to get into the gun control. the results of the rasmussen poll, 51% of americans now support stricter gun laws. when asked would posting an armed guard in every school makes schools more safe, 48% said yes and 53% said they would feel safer with an armed guard at school versus no adults with guns. castigatederre was cassty for suggesting that. >> the american people are quite smart in that poll. wayne la pierre was saying armed guards instead of controls on guns. the...
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Jan 10, 2013
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geithner as the new treasury secretary. it's important to look at this in context of what it may mean for the debate on spending cuts as we approach this debt ceiling limit and the fight that is ensuing. tim get near is leaving january 25th. that means lew will be the main point person for this debt ceiling drama. so, what does this mean ahead of what is likely to be another hard fight? perhaps the best clues for that are in an op-ed from two years ago from jack lew. inis entitled "the easy cuts are behind us." the piece absolutely advocates getting out of our debt and getting the debt and deficit under control. but it does so by discussing some cuts in defense and then examples of scaling back things like something called the great lakes restoration initiative. not eliminating it, just cutting it by maybe a quarter of its present cost. a sav
geithner as the new treasury secretary. it's important to look at this in context of what it may mean for the debate on spending cuts as we approach this debt ceiling limit and the fight that is ensuing. tim get near is leaving january 25th. that means lew will be the main point person for this debt ceiling drama. so, what does this mean ahead of what is likely to be another hard fight? perhaps the best clues for that are in an op-ed from two years ago from jack lew. inis entitled "the...
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e expect the current chief of staff, jack lew, to replace outgoing treasury secretary tim geithner. >> hillary clinton is leaving. john kerry coming in. before she goes, she will testify on the attack on the u.s. consulate in benghazi. >> reporter: that's right. the white house fully expects that hillary will testify on benghazi before she leaves as secretary of state, doing something republicans have been demanding for a long time. >> jon karl, thanks very much. >>> now, to the fire that broke out on a boeing dreamliner at logan international airport in boston, right after passengers got off that jet. the japan airlines 787 was parked at the gate. no one was injured. but the fire was the latest in a string of incidents for the high-tech new jetliner. abc's jim avila is in washington with the latest. jim, good morning. >> reporter: good morning, amy. few things are as frightening as smoke on an airplane. but fortunately, in this case, the only real damage was done to the reputation of boeing's new dreamliner airplane. firefighters at boston's logan field, dousing smoke on the plane of
e expect the current chief of staff, jack lew, to replace outgoing treasury secretary tim geithner. >> hillary clinton is leaving. john kerry coming in. before she goes, she will testify on the attack on the u.s. consulate in benghazi. >> reporter: that's right. the white house fully expects that hillary will testify on benghazi before she leaves as secretary of state, doing something republicans have been demanding for a long time. >> jon karl, thanks very much. >>>...
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Jan 4, 2013
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the all-time record, they had 22 inches of snow in one dumping in 1987. they've certainly had their share. but it really has been all year. los alamos picked up 6 inches. we have certainly seen snow in the southeast. here's what's happening. there's that snow in el paso. right now, flurries falling. it's cold, it's kichilly. the biggest problem were the icy overpasses and bridges. that's where everyone has gotten into trouble on the roads. el paso closed down schools, businesses yesterday. today they're opening a little late to give some time for the roads. obviously, in el paso, they can't treat the roads. they don't have that kind of machinery down there. mostly it's rain. temperatures as you head farther westward and eastward are a little bit warmer. we're not seeing the snow. we're seeing rain for houston. there's that snow. the balance of it is done. rain for austin. again, it is all moving out. by noon today, we're going to see this system completely clear. but we do have still this winter watch. you can see where it is. it's only until 8:00 this mo
the all-time record, they had 22 inches of snow in one dumping in 1987. they've certainly had their share. but it really has been all year. los alamos picked up 6 inches. we have certainly seen snow in the southeast. here's what's happening. there's that snow in el paso. right now, flurries falling. it's cold, it's kichilly. the biggest problem were the icy overpasses and bridges. that's where everyone has gotten into trouble on the roads. el paso closed down schools, businesses yesterday....
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how could that impact the man who is now nominated to succeed tim geithner? steve, good morning. >> thanks, carl. first of all, just to what you were talking about earlier, we understand geithner's going to hang out until january 25th in the treasury, giving jack lew to confirm and i guess perfect his signature. let's see what we've learned, what does he leave for jack lew. he got the stress test done. actually, that's not correct there. let's move away from that. what we're talking about here is the -- let me go to my notes. the stimulus was done -- but sustained growth was not. frank dod basel iii was not done. aig also done. what is the geithner model? what is the geithner doctrine? i think you can say like this, overwhelming government force when it's clear it's needed. b in a crisis, spend, regulate and guarantee and do it with conviction. let's talk about one of the things left over from the geithner years, which is going to be the issue of debt and deficit. i think you would say there was some accomplishment when it came to getting some of these deals
how could that impact the man who is now nominated to succeed tim geithner? steve, good morning. >> thanks, carl. first of all, just to what you were talking about earlier, we understand geithner's going to hang out until january 25th in the treasury, giving jack lew to confirm and i guess perfect his signature. let's see what we've learned, what does he leave for jack lew. he got the stress test done. actually, that's not correct there. let's move away from that. what we're talking about...
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everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> it's time now for a look at what's topping in today's list of number ones. legendary investor warren buffett has the list of largest charitable donations in 2012, his amounts to $3.1 billion in stock given to three foundations run by his children. >>> facebook's mark zuckerberg second with a half billion dollar grant to a silicon valley foundation. >>> and paul allen is third. >>> another plaudit for harvard, and stanford and m.i.t. second and third. >>> david carp aspired to attend m.i.t. but figured he didn't need to go to college or finish high school. carp is the stand-out in "forbes" magazine new issue 30 under 30, the social entrepreneurs, he's quite a story. >>> i'm always angry. >> aaa, thanks in part to "the incredible hulk," "the avengers" was top of the pack in 2012 raking in almost $60 million in the u.s. alone. first runner up "the dark knight rises" hauled in $450 million and "the h
everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> it's time now for a look at what's topping in today's list of number ones. legendary investor warren buffett has the list of largest charitable donations in 2012, his amounts to $3.1 billion in stock given to three foundations run by his children. >>> facebook's mark zuckerberg second with a...
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geithner. we knew he was going to leave. but now, he's saying he's going to leave right after the inaugural and not be around for that confrontation. >> reporter: that's right. not a surprise he's going. but he was going to follow through this fiscal cliff debate. that's only part-over. the debt limit fight's a big one. he'll have a new treasury secretary. it will almost certainly be jack lew, his current chief of staff. so, kind of a shuffling of chairs. but this is the last of the economic team left in the white house, geithner. >> jon karl, thank you very much. looking forward to you joining our powerhouse roundtable on "this week" this sunday. i'll also be interviewing senate republican leader, mitch mcconnell. >>> now, to the growing backlash over the movie "zero dark thirty." the movie chronicles the hunt for osama bin laden. three senators, including the chair of the senate intelligence committee, are now putting pressure on the cia to reveal just how much information it gave to filmmake
geithner. we knew he was going to leave. but now, he's saying he's going to leave right after the inaugural and not be around for that confrontation. >> reporter: that's right. not a surprise he's going. but he was going to follow through this fiscal cliff debate. that's only part-over. the debt limit fight's a big one. he'll have a new treasury secretary. it will almost certainly be jack lew, his current chief of staff. so, kind of a shuffling of chairs. but this is the last of the...
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were it not going on the dollar bill, people would say, it's his signature. >> tim geithner also changed his signature a bit, because it was not the best. >> might want to practice a few times. >> and there it is. i say it's unique and hard to copy and as long as i have some of those signatures in my wallet, i'll make it. >> i think it would be easy to copy. >> you think so? >> his signature. you've been showing it the past couple of days? >> yeah, been talking about it. >> there it is. plus, it's just laziness, really. that doesn't say jacob lew. >> the j you can see in the beginning. >> it says he's very busy. >> we'll get an expert. >> i would love to do that. probably creative and good with numbers. >> good with money. >> that would be important. >> we're looking, you know, the weekend looking up temperature- wise. rain showers moving in later this afternoon. had a few sprinkles reported early this morning. be ready for showers later today. 40 in washington. 37 in annapolis. 37 learn ard town. 30degrees in manassas. here's the deal with today, highs in the upper 40s to about 50. won'
were it not going on the dollar bill, people would say, it's his signature. >> tim geithner also changed his signature a bit, because it was not the best. >> might want to practice a few times. >> and there it is. i say it's unique and hard to copy and as long as i have some of those signatures in my wallet, i'll make it. >> i think it would be easy to copy. >> you think so? >> his signature. you've been showing it the past couple of days? >> yeah, been...
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then what's next for tim geithner? a return to the private sector? or maybe another high profile public job at the fed. steve liesman will just a few minutes stamps.com is the best. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high pra
then what's next for tim geithner? a return to the private sector? or maybe another high profile public job at the fed. steve liesman will just a few minutes stamps.com is the best. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified....
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Jan 10, 2013
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if confirmed by the senate, he would replace tim geithner. some complain that he is too unyielding in past fiscal negotiations, specifically alabama senator jeff sessions. he says, "jack lew must never be treasury secretary." adding, "any loan disqualifies." senator sessions is not saying yet whether he will filibuster the nomination. president obama will make the announcement at 1:30 p.m. eastern time, and you can hear it live on c-span radio or watch on c-span. meanwhile, labor secretary bill the sully's is resigning, saying she returns -- labor secretary hilda solis is resigning. responding to the news, president obama called her a tireless champion for working families. the white house says that attorney general eric holder, health and human services secretary kathleen sebelius, and -- will remain at their posts. a new rule on mortgages. the aim is to return -- for the first time, federal regulators are laying out rules to ensure mar words can afford to pay the cost of the mortgages. the consumer financial protection bureau will -- when t
if confirmed by the senate, he would replace tim geithner. some complain that he is too unyielding in past fiscal negotiations, specifically alabama senator jeff sessions. he says, "jack lew must never be treasury secretary." adding, "any loan disqualifies." senator sessions is not saying yet whether he will filibuster the nomination. president obama will make the announcement at 1:30 p.m. eastern time, and you can hear it live on c-span radio or watch on c-span. meanwhile,...
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tim geithner's tenure has been controversial but i think broadly speaking what he did to write the financial system will be considered a tremendous achievement in the annals of economic policy-making. but again, they are in something of a rut, i think, in their economic policy-making at this point, and particularly in their approach to dealing with republicans. a lot of that, i'd say frankly the bulk of that blame falls on the house republicans and john boehner. but it's nevertheless a case that they just put somebody into the treasury department who they intend to have lead a lot of their budget battles who john boehner at this point essentially refuses to work with. during the 2011 negotiations, they said boehner and the republicans said we just don't want to deal with lew anymore. we don't feel we can get him to say yes to us. now, to some degree that might be because lew is reflecting the will of the president, but i just think there's a kind of a siege mentality a little bit at the white house that's showing up in their appointments, which is understandable, but i'm not sure in the long
tim geithner's tenure has been controversial but i think broadly speaking what he did to write the financial system will be considered a tremendous achievement in the annals of economic policy-making. but again, they are in something of a rut, i think, in their economic policy-making at this point, and particularly in their approach to dealing with republicans. a lot of that, i'd say frankly the bulk of that blame falls on the house republicans and john boehner. but it's nevertheless a case...
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Jan 10, 2013
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we reported earlier this week that tim geithner was leaving. he was no longer going to be treasury secretary. barack obama yesterday it leaked out he was going to nominate jack lew to run the treasury department. he hasn't made the official announcement but it looks like jack lew is going to take that over which means we're going to get a new signature on our flat money. because you know, the treasury secretary has a signature. bill is checking to see if he has timothy geithner's autograph there on his dollar bills. >> bill: yes. >> peter: he's got a nice, neat little signature. timothy geithner. there is a whole hubbub now over jack lew's signature. are you ready america? to see that on your flat money. if you can't see it is just a squiggly line of a signature. it looks like someone has had too much to drink and tried to draw a caterpillar. >> that's something that someone could forge very easily. >> peter: it looks kind of like a war shock test. there's jack lew's signature right there. tell me what you see. i see a butterfly. that will be v
we reported earlier this week that tim geithner was leaving. he was no longer going to be treasury secretary. barack obama yesterday it leaked out he was going to nominate jack lew to run the treasury department. he hasn't made the official announcement but it looks like jack lew is going to take that over which means we're going to get a new signature on our flat money. because you know, the treasury secretary has a signature. bill is checking to see if he has timothy geithner's autograph...
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Jan 10, 2013
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lew would replace tim geithner who's wanted to step down for a year-and-a-half that has been with the president since the beginning of his administration. reaction already from financial services committee jeb hensarling this morning today. here is his portion of it. i congratulate mr. lew on his nomination that changing the name plate on the door of the treasury secretary office won't improve our economy or save the nation from impending bankruptcy. that can only happen with the needed change in this administration's chief economic policies. president obama has gotten his tax increases and now it's time for him and mr. lew, if confirmed, to focus on the need to cut spending. the other side of the president's so-called balanced approach to the debt reduction. we did have the nomination live on c-span. you can see it on the web site, c-span.org. this week >>> i think that collectivization of the minds of america's founding fathers is particularly dangerous because as i say so often in the book, they were not a collective unit, and presenting them as such intends to dramatically oversim
lew would replace tim geithner who's wanted to step down for a year-and-a-half that has been with the president since the beginning of his administration. reaction already from financial services committee jeb hensarling this morning today. here is his portion of it. i congratulate mr. lew on his nomination that changing the name plate on the door of the treasury secretary office won't improve our economy or save the nation from impending bankruptcy. that can only happen with the needed change...
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Jan 9, 2013
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geithner, and we expect that announcement tomorrow. jay carney likely to get questions about that today at the white house briefing set to start at 2:15 eastern now, and it will be live here on c-span2 live coverage, a discussion on this year's budget battle from today's "washington journal." >> host: back at the table is the president of club for growth, talking about the republican agenda for the 113th congress. let me show our viewers the "washington times" from mondays and the headline, g.o.p. shut down and sanity jolt as a way to press need for cuts." when it comes to the next budget battles ahead, republican senators, ted cruz, and others, laying the ground work. are you part of the effort or consulting with them on this? what do you think about it? >> guest: we supported people like cruz and others champions of economic freedom in the senate and other house members. we do that because we want fiscal sanity in washington. we endorse people at the club for growth we think hold a pro-growth view, a pro-economic growth agenda. we're
geithner, and we expect that announcement tomorrow. jay carney likely to get questions about that today at the white house briefing set to start at 2:15 eastern now, and it will be live here on c-span2 live coverage, a discussion on this year's budget battle from today's "washington journal." >> host: back at the table is the president of club for growth, talking about the republican agenda for the 113th congress. let me show our viewers the "washington times" from...